SADC Lac-St-Jean Ouest — Acquisition Loan +
Last Update: June 3, 2025
QC, Canada
Supports equipment acquisition for businesses operating over three years
SADC Lac-St-Jean Ouest — Acquisition Loan + at a glance
Eligible Funding
- Max. $150,000
- Up to 120% of project cost
Timeline
- Continuous Intakes
Financing Type
Loans and Capital investments
Eligible Industries
- All industries
Grant Providers
- SADC Lac-St-Jean Ouest
Status
Open
Overview of the SADC Lac-St-Jean Ouest — Acquisition Loan + program
The SADC Lac-St-Jean Ouest — Acquisition + Loan offers businesses up to $150,000 to support acquisition projects such as purchasing equipment, buildings, or rolling stock. Eligible businesses must be over three years old and currently profitable, with the loan providing flexible terms for up to 120% financing.
Financing terms and conditions
- Loan amount up to $150,000 per business, exceptionally up to $300,000 under certain conditions.
- Financing available up to 120% of acquisition costs for eligible assets.
- Repayment period up to 120 months (10 years).
- Early repayment allowed up to a maximum of 20% per year.
Eligible projects & activities
- Acquisition of new equipment for business operations.
- Purchase of commercial buildings or facilities.
- Procurement of rolling stock or company vehicles.
- Expansion projects involving the purchase of material assets for established businesses.
Examples of admissible projects:
$ 100,000
Develop an urban greenhouse for sustainable agriculture
Eligibility criteria of the SADC Lac-St-Jean Ouest — Acquisition Loan + program
- The business must have been operating for more than 3 years.
- The company must be profitable.
- The project must involve the acquisition of equipment, material, buildings, or rolling stock.
Who is eligible?
- Existing businesses operating for more than 3 years
Eligible expenses
- Acquisition of equipment
- Purchase of materials
- Acquisition of a building
- Purchase of rolling stock
Eligible geographic areas
- Businesses located in the Lac-Saint-Jean Ouest region of Quebec.
How to apply to the SADC Lac-St-Jean Ouest — Acquisition Loan + program
1
Assessment of needs
Identify the equipment or materials to be acquired and the required amount for financing.
2
Contact with the SADC
- Contact the SADC Lac-St-Jean Ouest to discuss your acquisition project and verify eligibility.
- Obtain the necessary forms and guidelines for the loan application.
3
Preparation of the documentation
4
Submission of the request
- Complete the application form by following the instructions provided by the SADC.
- Send the documents and the application form to the SADC via the method indicated by the organization (mail, online, etc.).
5
Follow-up on the request
- Wait for confirmation of receipt of the application by the SADC.
- Participate in any meeting or provide any additional information required by the SADC for the evaluation of your application.
Additional information
- A personalized follow-up is provided by the SADC professionals throughout the duration of the loan.